Retail & E-commerce / Finance
Comparable Store Sales comps
Sales growth from stores that were already open a year ago, stripping out the effect of opening new ones.
The fork, why two teams get different numbers
There is no standard for which stores "count," so management defines the comp base, and the definition swings the number.
In the Metric Library
- The full fork, both definitions worked all the way through
- The trap that makes the number lie, on a real export
- Every formula variant, spelled out
- The reconciliation anchor, what to tie it to and when to refuse
Reference: Retail comparable-sales convention · retail 4-5-4 calendar (NRF · reference)